The Star Phoenix journalist, Paul Hanley, today follows up his earlier exposé of the finances of the carbon capture project at the Boundary Dam coal-fired power station near Estevan. Today's piece is a damning critique of SaskPower's inability to refute any of the data he presented.

Mr Hanley's article explains that this is a $1-billion (yes - that's billion as in $1,000-million) taxpayer subsidy to pay for a carbon capture project. That project will never generate a return for the taxpayers that subsidized it. But what it will do is to generate a net profit in excess of $2-billion for a consortium of oil companies led by Alberta-based Cenovus Energy.

However those articles provided neither references nor calculation methodology and as a result it was not possible to verify their claims. Indeed Cenovus Energy responded with a letter to the Star Phoenix questioning the source of data.